Are More Banks About To Go Belly Up?

“Is my money safe, even if I’m not risky?”

Een nieuwe zondag, een nieuw geluid. Op het moment van posten belt heel financieel Washington met financieel New York, working the phones. maar dat gaat over The $5 trillion mess. Bovenstaande paniektrapperij is van gisterenavond en gaat niet over Iran of terrorisme, maar gewoon over bv. je spaartegoed daar bij die bank op mainstreet USA.

(2008 zet een nieuwe trend: officiële mededelingen worden tegenwoordig in de weekeinden gedaan.)

2 Responses

  1. JV says:

    Re The $5 trillion mess: Willem Buiter wordt zo langzamerhand toch echt een beetje boos:

    [..]So I call on Secretary Paulson, Chairman Bernanke and Director Lockhart to drop the market-friendly fig-leaf. Be a socialist and proud of it. Come out of the red closet. The Soviet Union may have collapsed, but the cause of socialism is alive and well in the USA. [..] safe in the hands of comrades Paulson, Bernanke and Lockhart.

  2. JV says:

    The $5 trillion mess suddert uiteraard nog na en nu gaat Barry Ritholz ook los:

    [..]Its not just the total dollar value of the losses that have exceeded all other global fits of financial madness combined, but rather, how so many warning signs were so blithely ignored by so many and for so long. What was wrong with these people, the authors and historians will wonder. Did the antibiotics in the food supply drive them mad? Did the High Fructose Corn Syrup compromise their ability to think? Some form of viral plague? Roid rage?

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